Monday, February 13, 2017

"Waterfront pain" ... the income in accordance Income - income three-fold difference



[Korea Jeongseon financial newspaper reporters - declining inflation differences by income level is reached three times between high-income and low-income came out statistical analysis.

According to 13 days Y. Democratic uiwonsil In addition, the 2015 income decile annual inflation rate of a price index for each expenditure to the weight of 10 percentile results top income intervals were derived respectively 0.41% and 1 atmosphere is indicated by 1.33% three times the difference was about.

2012 Given the price index of 100 was nine by income segment CPI inflation considering the three years 2013-2015 expenditure will be considering the inflation expenditure shown in the lower-income segment.

In the period divided by the rate of 1 bunwiga 1.33%, around 1% by decile 2-5, 1% lower than in June quintile, 0.41% decile.

Also divided into sections was similar income quintile 5. One income quintile in 2015, while the inflation rate was 1.2%, income quintile was only 0.5%.

These results yen background portion of grocery spending is relatively high low-income families are being greatly affected, such as the recent food price rises eggs, etc. While this is effective for low dielectric transportation spending and high-income gap was further widened and analysis.

Is a relatively low-income than high-income housing, food may be utilities (electricity and housing, water, fuel, etc.), high expenditure. On the other hand, high-income earners are transportation, education expenditure is high.

Food & non-alcoholic beverages expenditure in 2012 was based on first quartile while 23.6%, decile was not even half as 11.1% level.

The current point did the National Statistical Office announced that the consumer price index not only reflects the consumption structure difference by considering the average expenditure of all the hierarchical layer and 12 sectoral price index for.

Rep. Kim Jong-min, "the gap between the CPI and the National Bureau of Statistics of declining prices are not readily improved," said "it is necessary to introduce a tiered price index that reflects the different consumption expenditure," he said.



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